Moody's: Pennsylvania Plan Positive for Large Passive Asset Managers

Burton, Paul
March 2015
Bond Buyer;3/10/2015, Vol. 1, p25
Trade Publication
The article reports on the plan of Pennsylvania Governor Tom Wolf to lessen pension fund costs in the state. Topics covered include the importance of the move to asset managers as well as credit rating of the state. Also mentioned is the aim to cut the costs for the pension funds of the state which are the State Employees' Retirement System and the Public SchoolEmployees' Retirement System.


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